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Under the Exposure Draft Issued by the FASB (Based on Joint

question 44

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Under the Exposure Draft issued by the FASB (based on joint deliberations with IASB),most changes in fair value of financial assets would be recorded in net income.


Definitions:

Ratio

A connection between two figures that shows how often the first figure includes the second one.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or is contained by it.

Ratio

A quantitative relationship between two numbers indicating how many times the first number contains the second.

Ratio

A quantitative relationship between two numbers, showing how many times the first number contains the second.

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